Brazil: No Trade Impact to Iran Shipping Impasse

July 24, 2019

Brazil's foreign trade secretary Lucas Ferraz said there are no signs that the impasse involving Iranian ships without fuel near Brazilian ports will affect bilateral trade relations.

So far, Ferraz said, there has been no impact on Brazilian exports to Iran. The ships, scheduled to bring grains back to Iran, lack fuel for the journey because state-run oil company Petroleo Brasileiro SA refused to sell them bunker fuel due to U.S. sanctions on Iran.

Reporting by Rodrigo Viga Gaier

Logistics News

Sheskharis Terminal Pauses Loadings Following Drone Attack

Sheskharis Terminal Pauses Loadings Following Drone Attack

European Wheat Rises as Black Sea Disruptions Persist

European Wheat Rises as Black Sea Disruptions Persist

AD Ports Group Reports Strong Q2

AD Ports Group Reports Strong Q2

Drone Attack Sparks Fire at Ust-Luga Port

Drone Attack Sparks Fire at Ust-Luga Port

Subscribe for Maritime Logistics Professional E‑News

Air India now tests all pilots for drugs after a captain's positive test for marijuana
One person killed in blast at Rotterdam Port Energy Facility
Source: Ukraine offers Russia a truce on the Black Sea in response to growing food shortage fears